Which of the Following Statements About a Cost-Push Inflation Is

question 149

Multiple Choice

Which of the following statements about a cost-push inflation is correct?

• A) Cost-push inflation starts when an increase in aggregate demand "pushes" costs higher.
• B) Cost-push inflation might start with a rise in the price of raw materials, but it requires increases in the quantity of money to persist.
• C) To persist, cost-push inflation needs a continual series of cost hikes with no change in aggregate demand.
• D) The United States has never experienced a cost-push inflation.

---

Definitions:

Subtotal Feature

A tool often found in spreadsheet software that allows users to calculate intermediate totals within a list of items.

Product Type

A category that differentiates between the various kinds of products available in a market or store.

Region Column

A column in a dataset or table designating geographical areas or sections within a larger context.

Text Data

Information presented in the form of words, sentences, or paragraphs, as opposed to numeric or binary data.